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Operations Manager (Financial Services)

Operations Manager (Financial Services) job description

The Operations Manager in financial services is responsible for overseeing day-to-day operational activities to ensure efficiency, compliance, and service excellence. This role plays a key part in managing back-office processes, supporting client service functions, and driving continuous improvement across operational workflows.

Operations Manager job duties and responsibilities of the job

Key responsibilities of an Operations Manager in the financial services sector include:Leading the daily operations of transaction processing, settlements, trade support, and client onboardingEnsuring strict adherence to APRA, ASIC, and AUSTRAC regulations, as well as internal policies and risk frameworksManaging operational teams through effective leadership, coaching, and performance managementDriving continuous process improvements using automation or digital tools to enhance efficiency and reduce riskCollaborating with compliance, legal, risk, and IT teams to ensure seamless business continuity and system resilienceOverseeing data integrity, exception management, reconciliations, and timely reporting to stakeholdersSupporting internal and external audits, as well as regulatory reviews, through accurate documentation and issue resolutionDeveloping, documenting, and maintaining standard operating procedures (SOPs) and risk controlsTracking KPIs and operational SLAs to drive accountability and service excellence

Typical Operations Manager (Financial Services) job qualifications and requirements

A degree in finance, business, or a related field is required, with strong experience in operations management within financial services, ideally in a leadership role.Key skills and attributes for success in this role include:In-depth knowledge of financial services regulations and compliance frameworks, including APRA, ASIC, AML/CTF, and risk management standardsStrong capability in process improvement, workflow optimisation, and operational efficiency (e.g. Lean Six Sigma, PRINCE2, PMP)Proven team leadership skills, including staff development, performance management, and change leadershipExcellent attention to detail and strong analytical/problem-solving skills, particularly in high-volume or regulated environmentsExceptional stakeholder engagement and communication skills, with the ability to collaborate across compliance, risk, IT, and front-office teamsProficiency in core operational systems, reporting tools (e.g. Power BI, Tableau), and CRM/ERP platforms (e.g. Salesforce, SAP, Oracle)Experience managing business continuity processes, risk controls, and audit readiness

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Salary for Operations Manager (Financial Services)
88500 - 130000
25th Percentile
88500
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th Percentile
111000
The candidate has an average level of experience and has most of the necessary skills.
75th Percentile
130000
The candidate has above-average experience, has most or all the necessary skills and may have specialised qualifications.
Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or superannuation.
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Operations Analyst 60000 83500 111500 Senior Operations Manager 121000 139000 158000 Head of Operations 137000 149000 185000 Explore more salaries

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